Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 long-term tenants conveying at $4,300 monthly rental income & an annual net operating income of $40,275 (8.3% cap rate). The seller had initiated plans of enhancing the property by expanding the rear of the house, with plans readily available for review or simply keep the property in its current condition. Ideally situated within walking distance to the Congress Heights Metro station, this property is perfectly positioned for comfort and convenience for cash flow and/or use as your own personal residence. This opportunity represents a strategic investment in a rapidly developing area, offering both immediate returns and long-term growth potential.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1941
Living Area: 1,692 SqFt
Listing Office:
Office Name: EXP Realty, LLC
Office Phone: (833) 335-7433
Listing Agent: Marian I Huish
Interior Features
Interior Information:
Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Oven, Gas Range, Range Hood, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
This property is $174.1K less than the Median Sold Price and $227/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2131822
Listing Office:
Office Name: EXP Realty, LLC
Office Phone: (833) 335-7433
Listing Agent: Marian I Huish
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Simon Elementary School
401 Mississippi Ave SE
Distance between this listing and this school0.25 miles
Public District Grades EE-5
Middle School
5
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.34 miles
Public District Grades 6-8
High School
2
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.13 miles
Public District Grades 9-12
Assigned Schools
2
/10
Simon Elementary School
401 Mississippi Ave SE
Distance between this listing and this school0.25 miles
Public District Grades EE-5
Nearby Schools
5
/10
Martin Luther King Elementary School
3200 6th St SE
Distance between this listing and this school0.40 miles
Public District Grades EE-5
4
/10
Eagle Academy Public Charter School Eagle Center At Mcgogney
3400 Wheeler Rd SE
Distance between this listing and this school0.55 miles
Public Charter Grades PK-3
Assigned Schools
5
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.34 miles
Public District Grades 6-8
Nearby Schools
8
/10
Center City Congress Heights Campus Public Charter School
220 High View Placese
Distance between this listing and this school0.24 miles
Public Charter Grades PK-8
4
/10
Somerset Preparatory Academy Public Charter School
3301 Wheeler Rd SE
Distance between this listing and this school0.58 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.13 miles
Public District Grades 9-12
Nearby Schools
4
/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese
Distance between this listing and this school0.73 miles
Public Charter Grades 6-11
3
/10
National Collegiate Preparatory Public Charter School
4600 Livingston Rd SE
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $39,191. The most common annual income of people living in Washington, DC is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Congress Heights / Bellevue / Washington Highlands, Washington
What type of housing is available in Congress Heights / Bellevue / Washington Highlands, Washington?
Around 40% of dwellings are large apartment buildings, making it easy to find apartments in Congress Heights / Bellevue / Washington Highlands, and the remainder are mainly small apartment buildings and townhouses. This neighborhood offers mainly one bedroom and two bedroom homes. Around 80% of the units in the neighborhood are occupied by renters and 20% are occupied by owners. The median year of construction for buildings in this area is 1963.
Is Congress Heights / Bellevue / Washington Highlands, Washington a good place to live?
People who prefer a relaxed atmosphere will enjoy Congress Heights / Bellevue / Washington Highlands. It is very easy to access green spaces in the neighborhood, since there are around 20 of them close by for residents to explore and getting to the closest park from a large number of properties is very easy. The noise levels in this area are also low, as the streets are reasonably peaceful - although there are still several louder areas, especially closer to Anacostia Freeway.
Are things conveniently located in Congress Heights / Bellevue / Washington Highlands, Washington?
In Congress Heights / Bellevue / Washington Highlands, property owners will usually be able to get to both primary and secondary schools on foot. At the elementary level, both public and private schools can be found. With regards to eating, a supermarket is generally accessible within a rather short walk from anywhere in this part of Washington. A small number of restaurants and cafes are available as well.
What does the transportation in Congress Heights / Bellevue / Washington Highlands, Washington look like?
Regardless of the medium of transportation, it is simple to get around in Congress Heights / Bellevue / Washington Highlands. The public transit network in Congress Heights / Bellevue / Washington Highlands is accessible. For instance, the neighborhood is linked by about 20 bus lines, and most properties are very close to a bus stop. The car is very often the favored way to get around in Congress Heights / Bellevue / Washington Highlands. It is easy to find a parking spot, and most houses for sale are a short drive from the nearest highway, such as Anacostia Freeway. Congress Heights / Bellevue / Washington Highlands will attract physically active people because it is quite suitable for those who travel by foot; many daily needs are easy to carry out without the use of a vehicle.
This home is located at 150 Upsal St SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 1,692 square foot home, which was built in 1941, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $480,000.
Over 124 listings were sold over their listed price in March 2024 in Washington, DC. In the same period over 177 listings were sold below the listed price and 119 listings were sold for the listed price. In March 2024 in Washington, DC there were 6.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $654,103.
From Rocket Homes Real Estate and based on county public records data.